Taking into account 7 nearby comparable sales, this property's estimated value comes to $330,261. If we were to list this property today, I'd recommend a list price in the $248,000 to $258,000 range. This pricing would rank the home as the most expensive of 6 comparable homes on the market in LOFT CONDO THE's current inventory. At 257 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1978 (22 years older than comps) is factored into the value estimate. Buyers in LOFT CONDO THE have 6 comparable options right now, with asking prices between $220,000 and $315,000. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 3018 S 1st ST # 204, Austin TX 78704 at an adjusted value of $213,781, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in LOFT CONDO THE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group